209
209
Dec 7, 2012
12/12
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the wealthiest among us can help us reduce the debt by paying more. it is encouraging to see republican members of the house and the senate speak out on the need or a deficit approach that includes raising taxes on wealthy individuals and to moving right away to ensure that 98% of families do not face a tax increase. we need to look at history. what we saw in the 1990s and 2000s, there was no relationship between lower marginal tax rates for the wealthiest among us an economic growth. first during the clinton administration, the top marginal tax rate was raised on the wealthiest individuals and the economy grew at its fastest rate in a generation. it added more than 22 million jobs. during the following eight years, the top marginal rate dax tax rate was lower, but economy never regained its strength from the reviews decade. middle-class families are vulnerable when the recession began at the end of 2007. i hope this hearing is helpful not just in this hearing, but across this country to people who are watching and waiting for congress to act. i will
the wealthiest among us can help us reduce the debt by paying more. it is encouraging to see republican members of the house and the senate speak out on the need or a deficit approach that includes raising taxes on wealthy individuals and to moving right away to ensure that 98% of families do not face a tax increase. we need to look at history. what we saw in the 1990s and 2000s, there was no relationship between lower marginal tax rates for the wealthiest among us an economic growth. first...
147
147
Dec 6, 2012
12/12
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your afternoon with us. -- thank you for spending your afternoon with us. will introduce the next panel. >> good afternoon. i'm a proud member of the fdd board. today i have the pleasure of introducing a group of top experts to discuss the implications of the arab spring on nuclear non-proliferation regime is. the bios are in the book. i will turn it over to our moderator. >> thank you to all of you. marks andul for your services. we're going to do a topic that will sound too technical. the non-proliferation policy in wake of the arab spring. i want to put this in human terms. this is the sum of all fears panel. i spent the entire night last night the thinking of a way to do this in an entertaining and humorous way. there is no such way. this is about weapons of mass destruction in the middle east. it is a serious topic, and we have very serious experts, people who are the leading light in non-proliferation. a double what i have spent a year working with -- a gentleman i have spent a year working with on thi
your afternoon with us. -- thank you for spending your afternoon with us. will introduce the next panel. >> good afternoon. i'm a proud member of the fdd board. today i have the pleasure of introducing a group of top experts to discuss the implications of the arab spring on nuclear non-proliferation regime is. the bios are in the book. i will turn it over to our moderator. >> thank you to all of you. marks andul for your services. we're going to do a topic that will sound too...
145
145
Dec 3, 2012
12/12
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we need to find more and use less. i think you're asking about the use less part. the extension of the changing fuel efficiency standards was one thing, but we believe fervently in the need to diversify away from using petroleum for transportation and given that it represents 70% of our use of petroleum to begin with. with the change in technology and the access to so much homegrown natural gas, we can use that and we can also use the development of electricity and its usability in automobiles and light trucks. >> what about the role of the government? find more coming years last, and someone has to make sure we are not doing dangerous things, as the admiral pointed out. >> i am a private sector guy, and i believe in the application of private and free markets for the development of our country, but there are times it is clear when the government has an unfortunate role to play. in fred's introductory comments, the argument was very clear. the market for oil, on which we depend, is not a free market. the only way we can respond to that is an activist approach. that
we need to find more and use less. i think you're asking about the use less part. the extension of the changing fuel efficiency standards was one thing, but we believe fervently in the need to diversify away from using petroleum for transportation and given that it represents 70% of our use of petroleum to begin with. with the change in technology and the access to so much homegrown natural gas, we can use that and we can also use the development of electricity and its usability in automobiles...
80
80
Dec 10, 2012
12/12
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eye 80
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us strong. it is also what allows our workers to buy the products that we make. they have enough money in their pockets. we have to get past this whole situation where we manufacture crisis because of politics and we cannot focus on coming together to grow. we are seeing the same thing in washington. i am sure you have all heard the talk recently about some deadlines we are facing in a few weeks when comes to investment in taxes. that will have a big impact on all of you. if congress does not accident, starting on january 1 everybody is going to see their income taxes going up. that is true. typical middle-class family of four will see an income tax hike of $2,200. how many of you can afford to pay another $2,200 tax and did not think so. that is a hit he cannot afford to take. if congress lets middle-class taxes go up, economists will tell you that people will spend nearly $200 billion less than they otherwise would spend. consumer spending is going to go down. that means you have less customer
us strong. it is also what allows our workers to buy the products that we make. they have enough money in their pockets. we have to get past this whole situation where we manufacture crisis because of politics and we cannot focus on coming together to grow. we are seeing the same thing in washington. i am sure you have all heard the talk recently about some deadlines we are facing in a few weeks when comes to investment in taxes. that will have a big impact on all of you. if congress does not...
86
86
Dec 26, 2012
12/12
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cbo tells us on the revenue side and gives us the biggest bang -- on the revenue side, that gives us the biggest bang for the buck on economic growth at of all the options. when they did the recovery act, roads, bridges, airports -- i still believe that should be a top priority. why? that gives a list into the -- that gives a lift to the economy and it improves our competitive position. it is a two-fer. building bridges, airports, and schools is money spent in this country. we're generating jobs that are in america and a proves america's competitive position. -- and it improves america's competitive position. to me that should be a high priority. >> i would like to conclude with a question on your tenure. 26 years in the senate. he made the point that we now -- you made the point that we now have a partisan divide that is pretty vicious. from your experience, what can be done? what can be done and work for them that would correct the bitter partisan divide and allow the two parties to work together in the national interest on a more regular basis? >> one thing that would help is to e
cbo tells us on the revenue side and gives us the biggest bang -- on the revenue side, that gives us the biggest bang for the buck on economic growth at of all the options. when they did the recovery act, roads, bridges, airports -- i still believe that should be a top priority. why? that gives a list into the -- that gives a lift to the economy and it improves our competitive position. it is a two-fer. building bridges, airports, and schools is money spent in this country. we're generating...